What to watch out for

INDIA

IPCA LABS: The company will hold a board meeting to consider the allotment of equity shares on exercise of options under the company’s 2006 ESOS scheme.

IOL Chemicals & Pharma: The board will meet to consider the preferential issue of shares or warrants to the promoters, promoter group companies and associates.

GLOBAL

US: The labour department will release data on initial jobless claims for the week ended December 5. The numbers have been on a decline for five weeks.

Brazil: The government will release GDP data for the third quarter.